Tax Bill Aims to Destroy America

By: Contributor
1 December, 2017

Here are the names and numbers of 6 (Republican) Senators to call to express your opposition to the tax bill. Please tell them how this will adversely effect you and millions of others like you. Tell them how bad this is for ALL Americans (except of course for the very rich). See talking points below. These calls will make a difference.

Sen. Ron Johnson of Wisconsin – call 202-224-5323
Sen. Steve Daines of Montana – call 202-224-2651
Sen. Bob Corker of Tennessee – call 202-224-3344
Sen. Susan Collins of Maine – call 202-224-2523
Sen. Jeff Flake of Arizona – call 202-224-4521
Sen. Marco Rubio of Florida – call 202- 224-3041

From United Steelworkers:

The GOP tax bill would give huge tax cuts to big corporations that outsource jobs. This bill promotes further outsourcing by moving to a so-called “territorial” tax system that shields multinational companies from paying taxes on the factories and production they move to other countries. This legislation is a tax cut for the rich and powerful masquerading as reform.

The GOP bill is unfair to union members. Corporations can deduct payments to lawyers to fight unions, but union members can no longer deduct their union dues under this bill.

The GOP tax bill favors corporations and millionaires over working people. Households making between $20,000 and $40,000 per year would ultimately pay more in taxes, while 45% of the tax benefits would go to those making more than $500,000.

The GOP tax bill is bad for students. Tax deductions for student loan interest, tuition expenses and tuition assistance would be ended, as would tax credits for students to cover college expenses.

The GOP tax bill would punish states that make the kind of investments that create good jobs. Repealing the deduction for state and local income taxes would make it harder for states to raise enough money to invest in high-quality education, infrastructure and good jobs.

The GOP tax bill would increase the health care tax burden for low- and middle-income taxpayers, especially seniors and people with disabilities. Millions of Americans with high medical bills would no longer be able to deduct out-of-pocket medical expenses.
Republicans want to (partially) pay for tax cuts with drastic cuts to Medicaid, Medicare and education. The GOP budget includes $5 trillion in budget cuts, including $1.5 trillion from Medicaid and Medicare; increases the Medicare eligibility age from 65 to 67; and ends Medicare’s guarantee of health coverage.

From Forbes:

No hearings have been held – zero – on legislation that will have a huge effect on American taxpayers. In fact, what has been termed “tax reform” will actually raise taxes on 87 million households.
Here are the facts.

On average, households earning less than $75,000 per year will see a tax hike. The same is true for families with children that earn less than $200,000. Meanwhile, the richest one percent will see an average tax cut of more than $32,000. And the richest 0.1 percent – so the wealthiest one in one thousand Americans – will see a tax cut of more than $208,000.

Consider this: Congress could soon pass a bill that means that many teachers and firefighters will pay more in tax and that people at the top of the income distribution will pay less. In fact, taxpayers in nineteen states – including Florida, Maine and Alaska – will pay more if this bill passes.

Nicole Gill is the Executive Director of the Tax March, and her take on this tax bill is clear: “if even one single woman had been involved in designing this tax bill maybe it would have taken into consideration how bad this bill is for women and families.” Gill cites how working families will be hit by the elimination of deductions for things like medical expenses and student loans.
The elimination of the state and local income tax deduction will hit many households – and small businesses – hard, too. While corporations will receive a tax break, many small businesses and the self-employed will face higher taxes. So it is not surprising that a recent poll showed the majority of small businesses oppose the current tax plan.

And this (from the Atlantic):

Nearly 50 percent of the benefits of the Senate tax cut would go to the top 5 percent of household earners in the first year of the law, according to the Tax Policy Center. By 2027, 98 percent of multimillionaires would still get a tax cut, compared to just 27 percent of households making less than $75,000. It’s no wonder then that the GOP tax bills are now among the least popular pieces of major legislation in modern history, with the public rejecting it by a two-to-one margin. Other than Republicans, all party, gender, education, age and racial groups disapprove of the bill.

Washington Post:

THERE ARE already so many bad things in the Senate GOP tax bill, what’s one more? Well, ask the polar bears. On Tuesday, Republicans on the Senate Budget Committee added to their already malformed tax legislation a provision that would open the Arctic National Wildlife Refuge to oil and natural gas drilling. This is a poor idea that senators should resist sneaking into law while most of Washington is preoccupied with a major tax overhaul.

The NY Times: https://www.nytimes.com/interactive/2017/11/28/upshot/what-the-tax-bill-would-look-like-for-25000-middle-class-families.html?_r=0